WalletHub Says DFW Cities Among Top 20 For Hispanic Entrepreneurs

PLANO IS THE TOP-RANKED DFW CITY IN THE STUDY

Two North Texas cities were recently ranked in the top 20 of “2016’s Best Cities for Hispanic Entrepreneurs,” according to an analysis by WalletHub.

The personal finance website looked at 150 of the most populated U.S. cities and used metrics such as median annual income for Hispanics and the Hispanic entrepreneurship rate to compile the list.

Plano was the highest-ranking North Texas city at No. 12 while Grand Prairie placed No. 18. Dallas and Fort Worth showed up further down the list at No. 37 and No. 35. Three Texas cities, Laredo, El Paso, and Corpus Christi, placed in the top three spots respectively on the list.

Laura Lopez, who took over as president of the Plano Hispanic Chamber of Commerce last fall, said she hadn’t seen the WalletHub study, but Plano’s No. 12 ranking sounds about right to her.

“[Plano is] a very safe place to live in and it’s good for business too,” Lopez said.

She said there’s been a lot of growth in the area and a number of Hispanic-led construction companies have formed.

The chamber is a relative newcomer, assembled only about two to three years ago. Lopez said membership is fairly small at 45, but attendance to the chamber’s events range between 50-70 people.

Right now, she’s focused on making those outings “more meaningful for networking,” and hopes that might later translate into higher membership numbers.